The Predistribution Agenda: Book launch

Date(s)

9 December 2015

Time

16.30 – 19.00 (including drinks reception)

Location

Policy Network, 11 Tufton Street, Westminster, SW1P 3QB

Inequality has been increasing in most major economies, undermining long-term growth prospects and restraining short-term growth by depressing demand. The typical approach to tackling inequality has been redistributive tax-and-transfer fiscal policies. While this remains important, it does not fully address the socio-economic challenges of contemporary society. Arguably, there is a better way to tackle inequality and support sustainable growth: combining predistribution with social investment.

The predistribution agenda puts in place reforms that promote strong, inclusive growth that by its nature reduces inequality and the need for redistribution in the first place. The key pillars are financial system reform, corporate governance reform, labour market reform, market redesign and tackling inherited concentrations of wealth among the privileged.

Brief introduction about the bookPatrick Diamond and Claudia Chwalisz, co-chair of Policy Network and lecturer at Queen Mary University of London and senior researcher, Policy Network and public service fellow at University of Sheffield